German chemical industry R&D investment tops 10 billion euro in 2013
Germany remains top chemicals research location
Aug 20, 2014
Berlin (gtai) - The German chemical industry invested around 10.5 billion euro (USD 14 billion) in research and development in 2013 - an increase of 8 percent over the previous year, new figures from the VCI German chemical industry association show.
Nearly 44,500 employees in the industry were involved in researching new products and processes - nearly 5 percent more than the previous year. The growth in R&D personnel is thus well ahead of the industry as a whole, which grew by 1.3 percent. The number of employees in the chemicals industry (without pharmaceuticals) increased by over 8 percent. Every tenth employee in the chemical industry now works in R&D, the association reported.
In 2013, the chemical industry was one of the top three industries for research spending in Germany. Almost one fifth of total industrial R&D spending was made by the chemical branch – putting it on a par with the electronics industry. Only vehicle manufacturers invested more resources in R&D.
The German chemical industry turned over more than 190 billion euro in 2013 and employed around 438,000 people, the VCI figures show..
- R&D Framework in Germany
- Chemical industry in Germany